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प्रश्न
Justify the following statement.
Outsourcing is important.
उत्तर
- Outsourcing is a process of contracting business function or specific business activity to specialized agency.
- A firm mostly outsources non-core areas such as sanitation, security, household pantry etc. The outsourcing enables a firm to focus on its core areas.
- The outsourcing also leads to reduction of cost and ensures availability of expertise.
- The various advantages associated with outsourcing are as follows:
- Overall cost advantages
- Stimulates entrepreneurship, employment and exports
- Low manpower cost
- Access to professional, expert and high-quality services
- Emphasis on core process rather than the supporting ones
- Reduced investment requirements
- Increased efficiency and productivity
- Sharing of knowledge
Hence, outsourcing is important.
संबंधित प्रश्न
Write a word or phrase or a term which can substitute the following:
The process of contracting a business function to specialized agencies.
With the help of outsourcing, the company cannot focus on the core areas.
Answer in one sentence.
What is outsourcing?
What is outsourcing?
What are the advantages of outsourcing?
What are the disadvantages of outsourcing?
Illustrate outsourcing with suitable examples.
Choose the Correct Answer.
A company under outsourcing transfers activities which are ______
Choose the Correct Answer.
Business units can reduce expenditure by outsourcing front office work like ______
Choose the Correct Answer.
The main benefit of outsourcing is ______
Choose the Correct Answer.
Outsourcing is carried out for the benefit of ______
Define outsourcing.
What is the need for outsourcing?
Describe the benefits of Outsourcing.
The process of contracting a business function to specialized agencies is known as outsourcing.
With the help of outsourcing company we can focus on the core areas.
